Submitted by mycophdstudent t3_ym2f9c in vermont
Aperron t1_iv1p5c9 wrote
Reply to comment by Distinguished_Parrot in New England may not have enough natural gas to last the winter by mycophdstudent
Vermont doesn’t have a separate source of electricity from the rest of the providers in New England, it’s one common grid.
At the state level we like to pretend that it’s separate and that all of our energy needs are met from specific sources, and while that’s true in a way because a certain number of MwH are being brought into the grid from sources we would prefer in an amount equivalent to what Vermont is consuming, it’s still one large NE grid predominantly supplied by natural gas power plants where the market price is controlled by fluctuations in natural gas pricing.
https://www.iso-ne.com is where you can watch the generation sources and wholesale pricing in real-time. At the time I’m posting this comment, 50% of grid load is being supplied by natural gas plants. A reduction in gas availability will cause an absolutely enormous increase in the price GMP and VELCO are paying for each megawatt hour they’re pulling from the pool.
merikus t1_iv1ycfy wrote
What an interesting dashboard. Thanks for sharing.
Twombls t1_iv2p9up wrote
All energy markets are pretend but thankfully we "buy" most of out power from hydro quebec. The energy may be generated by natural gas. But thankfully we are "purchasing" it from hydro quebec and their prices are pretty stable.
Energy markets are really just stock market nonsense that was invented in the 90s lol.
Im just glad we dont have a deregulated market like Massachusetts because holy fuck people are gonna get screwed over this winter.
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